TS industrialists urge release of subsidies

The pending and unresolved issues of MSME sector in Telangana will be resolved soon, assured Navin Mittal, who took over the charge as the Commissioner of Industries. A delegation of Telangana Industrialists Federation (TIF) met him and discussed the problems pestering MSME sector for a long period.

They urged the government to release subsidies which has been pending for quite a long time and has also requested him facilitating loans from bankers as an alternative till the subsidies are released.

The Commissioner assured us all the help, TIF President K Sudhir Reddy said. MSME units will be affiliated to mother units in the state so that the units can thrive as ancillaries and their products get markets, he added. Navin Mittal also assured to facilitate bringing a Procurement Policy in Telangana as soon as possible.

According to Sudhir Reddy, the department will work to bring in new industries along with the saving and helping the existing units, said the commissioner. He promised to arrange a round table with industry associations to discuss the issues of industry.